INTUIT INC. (INTU) [Rocket]

In millions, except per share items	Jul-31-23	Jul-31-22	Jul-31-21	Jul-31-20	Jul-31-19	Jul-31-18	Jul-31-17	Jul-31-16
	8-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Small Business & Self-Employed		6,460.0	4,688.0	4,050.0	3,533.0	3,061.0	2,574.0	2,221.0
Consumer		3,915.0	3,563.0	3,136.0	2,775.0	2,508.0
Strategic Partner						456.0	440.0	428.0
Other		2,351.0	1,382.0	493.0	476.0		2,182.0	2,045.0
Total revenues [+]	14,368.0	12,726.0	9,633.0	7,679.0	6,784.0	6,025.0	5,196.0	4,694.0
Products	1,970.0
Services	12,398.0
Revenue growth [+]	12.9%	32.1%	25.4%	13.2%	12.6%	16.0%	10.7%	12.0%
Small Business & Self-Employed		37.8%	15.8%	14.6%	15.4%	18.9%	15.9%
Consumer		9.9%	13.6%	13.0%	10.6%
Strategic Partner						3.6%	2.8%
Cost of goods sold [+]	234.0	140.0	50.0	22.0	20.0	15.0	12.0	22.0
Cost of product sales	71.0
Amortization of intangibles	163.0
Gross profit	14,134.0	12,586.0	9,583.0	7,657.0	6,764.0	6,010.0	5,184.0	4,672.0
Gross margin	98.4%	98.9%	99.5%	99.7%	99.7%	99.8%	99.8%	99.5%
Selling, general and administrative [+]	5,062.0	4,986.0	3,626.0	2,727.0	2,524.0	2,295.0	1,968.0	1,807.0
Sales and marketing	3,762.0	3,526.0	2,644.0	2,048.0	1,927.0	1,631.0	1,415.0	1,289.0
General and administrative	1,300.0	1,460.0	982.0	679.0	597.0	664.0	553.0	518.0
Research and development	2,539.0	2,347.0	1,678.0	1,392.0	1,233.0	1,186.0	998.0	881.0
Other operating expenses	2,909.0	2,266.0	1,633.0	1,356.0	1,147.0	963.0	798.0	730.0
EBITDA [+]	4,593.0	3,317.0	2,863.0	2,394.0	2,079.0	1,813.0	1,654.0	1,480.0
EBITDA growth	38.5%	15.9%	19.6%	15.2%	14.7%	9.6%	11.8%	32.5%
EBITDA margin	32.0%	26.1%	29.7%	31.2%	30.6%	30.1%	31.8%	31.5%
Depreciation	806.0	187.0	166.0	189.0	199.0	228.0	214.0	195.0
EBITA	3,787.0	3,130.0	2,697.0	2,205.0	1,880.0	1,585.0	1,440.0	1,285.0
EBITA margin	26.4%	24.6%	28.0%	28.7%	27.7%	26.3%	27.7%	27.4%
Amortization of intangibles	646.0	559.0	197.0	29.0	26.0	25.0	22.0	43.0
EBIT [+]	3,141.0	2,571.0	2,500.0	2,176.0	1,854.0	1,560.0	1,418.0	1,242.0
EBIT growth	22.2%	2.8%	14.9%	17.4%	18.8%	10.0%	14.2%	40.2%
EBIT margin	21.9%	20.2%	26.0%	28.3%	27.3%	25.9%	27.3%	26.5%
Interest expense	248.0	81.0	29.0	14.0	15.0	20.0	31.0	35.0
Interest expense	248.0	81.0	29.0	14.0	15.0	20.0	31.0	35.0
Other income (expense), net [+]	96.0	52.0	85.0	36.0	42.0	26.0	3.0	-4.0
Other		52.0	85.0	36.0	42.0	26.0	3.0	-4.0
Pre-tax income	2,989.0	2,542.0	2,556.0	2,198.0	1,881.0	1,566.0	1,390.0	1,203.0
Income taxes	605.0	476.0	494.0	372.0	324.0	237.0	405.0	397.0
Tax rate	20.2%	18.7%	19.3%	16.9%	17.2%	15.1%	29.1%	33.0%
Net income	2,384.0	2,066.0	2,062.0	1,826.0	1,557.0	1,329.0	985.0	979.0
Net margin	16.6%	16.2%	21.4%	23.8%	23.0%	22.1%	19.0%	20.9%

Basic EPS [+]	$8.49	$7.38	$7.64	$7.00	$5.99	$5.19	$3.83	$3.08
Growth	15.1%	-3.4%	9.2%	16.8%	15.4%	35.5%	24.6%	109.3%
Diluted EPS [+]	$8.42	$7.27	$7.55	$6.92	$5.90	$5.09	$3.77	$3.04
Growth	15.7%	-3.7%	9.2%	17.3%	15.8%	34.9%	24.1%	110.6%

Dividends per share [+]		$2.72	$2.36	$2.12	$1.88	$1.56	$1.36	$1.20
Growth	-100.0%	15.3%	11.3%	12.8%	20.5%	14.7%	13.3%	20.0%

Shares outstanding (basic) [+]	280.8	280.0	270.0	261.0	260.0	256.0	257.0	262.0
Growth	0.3%	3.7%	3.4%	0.4%	1.6%	-0.4%	-1.9%	-6.8%
Shares outstanding (diluted) [+]	283.1	284.0	273.0	264.0	264.0	261.0	261.0	265.0
Growth	-0.3%	4.0%	3.4%	0.0%	1.1%	0.0%	-1.5%	-7.3%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.